Pine Labs IPO Peer Comparison
Pine Labs Ltd. peer comparison with similar listed entities. (As on March 31, 2025)
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | Financial statements |
|---|
| Pine Labs | -1.45 | -1.45 | -22.43 | | -4.15 | Consolidated |
| One97 Communications (Paytm) | -10.35 | -10.35 | 235.54 | -110.98 | -4.69 | Consolidated |
| Zaggle Prepaid Ocean Services (Zaggle) | 6.99 | 6.96 | 99.25 | 48.87 | 9.64 | Consolidated |
| Adyen N.V. | 3,058.07 | 3,047.77 | 13,987.40 | 46.23 | 25.06 | Consolidated |
| Shopify Inc. | 133.45 | 131.75 | 761.60 | 96.50 | 19.58 | Consolidated |
| Block Inc. | 399.50 | 387.60 | 2,925.70 | 16.10 | 14.51 | Consolidated |
| Marqeta Inc. | 4.25 | 4.25 | 180.20 | 101.20 | 2.34 | Consolidated |
Note: Adyen N.V. reports financials in EUR; Shopify Inc., Block, Inc. and Marqeta, Inc. report financials in USD. The conversion rate used is EUR 1 = ₹ 103; and USD 1 = ₹ 85 # Financial information of our Company has been derived from the Restated Consolidated Financial Information. ^ To be updated upon finalization of the Price Band. * Sources for listed peers information included above:
- All financial information for listed industry peers is on a consolidated basis and is sourced from the financial information of such listed industry peer as at and for the year ended March 31, 2025 for India listed peers and for the year ended December 31, 2024 for global listed peers available on the website of the stock exchanges or the Company.
- P/E ratio for the listed industry peers has been computed based on the closing market price of equity shares as on October 1, 2025 divided by the diluted earnings per share for the year ended March 31, 2025 for India listed peers and for the year ended December 31, 2024 for global listed peers.
- Return on Net Worth % is calculated as profit/(loss) for the period/year divided by the Net Worth as of the end of the respective period/year.
- Net Asset Value per equity share is Net Worth divided by the weighted average number of equity shares for the period/year.
- Return on Net Worth is not applicable as return and net worth both are negative. Hence, the RoNW disclosed in this table represents Adjusted Return on Net Worth as disclosed for the Fiscal 2025.
